Automatic repayment of USD: We provide a one-card USD automatic repayment credit card function. You can use your own USD cash current sub-account and USD cash current sub-account (only one account can be used as a debit account) for automatic repayment. Please confirm that your RMB-to-USD foreign exchange purchase function has been turned off before setting.
Repayment by US dollar transfer:
Repayment of one-card USD cash account: After logging in to our online banking, select the option of "Quick Repayment by Credit Card" to operate through the opened interface. At present, the repayment currency of this interface supports RMB and USD (cash).
One-card USD cash account repayment: If your one-card has signed a self-service transfer agreement with the credit card, and the credit card has been associated with the professional version, after logging in to the professional version, click the horizontal menu "One-card"-"Agreement Account Transfer"-"Transfer to Credit Card", and select USD cash to operate the credit card repayment through this interface.
Cash repayment in USD: You can bring your credit card, USD cash and ID card to the counter of any business outlet of China Merchants Bank for cash repayment (except corporate debt business card).
Pay bills in RMB against USD (repayment of foreign exchange purchase): Precautions for repayment of foreign exchange purchase by credit card:
After the credit card has successfully set the function of "automatic repayment of foreign exchange purchase", the US dollar bill generated by you can be repaid in RMB on the repayment date, and the RMB money deposited in your credit card will be preferentially used to purchase foreign exchange to repay the US dollar bill (there is no need to pay any fees for the repayment of foreign exchange purchase). The exchange rate for purchasing foreign exchange is the exchange rate announced by our bank at 10 on the morning of repayment date. This function does not occupy the personal annual foreign exchange settlement and sale quota.
According to foreign exchange management regulations, the amount of foreign exchange purchased cannot be higher than the amount of current US dollar bills, and the unpaid part cannot be repaid.
If you set the functions of "automatic repayment" and "purchase of foreign exchange" in your USD account, your RMB repayment will give priority to the purchase of foreign exchange to repay the USD bill, and the difference between the self-deduction amount (full or minimum) set in your USD bill and the agreed amount of foreign exchange purchase during this period will be deducted from your designated USD automatic repayment account.
RMB consumption cannot be repaid in US dollars.